To strengthen its control and transparency mechanisms, ABF started implementing the Organisation and Management Model in accordance with (It.) Legislative Decree 231/2001 (“Model 231”) as early as in January 2022. (It.)
Legislative Decree no.231/2001 introduced into the Italian legal system a specific form of liability for organisations in relation to offences committed by individuals in the course of their activities.
It is important to emphasise that this liability is additional to that of the material perpetrators of the offence and is established in a criminal trial.
The Foundation has implemented and adopted Model 231 with the aim of introducing and making binding in the Foundation the principles and rules of conduct relevant to the reasonable prevention of the offences set out in (It.)
Legislative Decree no. 231/2001 and of reducing the risk of negative impacts on the credibility of the Foundation and its Founder. The ultimate aim is to prevent unlawful acts, such as those, inter alia, related to corrupt behaviour and money laundering.
Code of Ethics
The Board of Directors ratified the Code of Ethics of the Andrea Bocelli Foundation concurrently with Model 231. The Code of Ethics incorporates best practices, sets forth the guiding principles of ABF’s operations, makes a distinction between behaviors that comply with the Code and those which do not comply with the Code, and is intended to guide individual behavior by minimizing arbitrariness.
Public Funding
Destination Projects of the 5×1000 Contribution
Below are the 5×1000 allocation projects in recent years:
- 2017 (funds received in 2019): Reconstruction ABF Music Academy “F. Corelli” of Camerino.
- 2018-2019 (funds received in 2020): Reconstruction ABF Music Academy “F. Corelli” of Camerino.
- 2020 (funds received in 2021): Reconstruction of the Professional school for industry and handicraft – IPSIA “R. Frau” of San Ginesio.
- 2021 (funds received in 2022): Reconstruction of the Professional school for industry and handicraft – IPSIA “R. Frau” of San Ginesio.
- 2022 (funds received in 2023): Reconstruction of the Professional school for industry and handicraft – IPSIA “R. Frau” of San Ginesio.
Emoluments Disclosure
| Hiring date | Role | (Gross Annual Salary) |
| Apr-16 | President | € 89.908,14 |
| Dec-20 | President of the Board of Auditors Deborah Sassorossi | € 3.660,00 |
| Dec-20 | Board Member Stefano Monti | € 1.830,00 |
| Jul-23 | Board Member Guido Del Bue | € 1.830,00 |